News
The latest news, updates and analysis on the the UK retail industry. Covering every segment of the market, Retail Sector’s business journalists keep you in the picture.
-
Apr- 2023 -26 April
Ted Baker CEO to step down after takeover
Ted Baker CEO Rachel Osbourne is set to step down from her position following the takeover by Authentic Brands Group…
Read More » -
25 April
Next to launch Joules ‘much earlier than expected’ but jobs at risk
Next has warned that some jobs may be at risk ahead of Joules’ total platform (TP) launch, which is set…
Read More » -
25 April
Shopping sales at the O2 rise 44% in Q1
The O2, London’s multi-purpose venue, has reported like-for-like sales across outlet shopping up 44%, F&B sales up 26% and total…
Read More » -
25 April
Planet Organic founders acquire grocer out of administration
Bioren Limited, whose shareholders include the founders of Planet Organic, Renée and Brian Elliott, has beaten out competition from Sainsbury’s…
Read More » -
25 April
Ocado to close warehouse risking 2,300 jobs
Ocado has announced that it is closing its fulfilment centre in Hatfield putting 2,300 jobs at risk. The retailer stated…
Read More » -
25 April
Authentic Brands Group to acquire Vince IP
Authentic Brands Group (Authentic), has entered into a strategic partnership with Vince Holding Corp. (VNCE) to acquire the Vince brand…
Read More » -
25 April
Grocery price inflation dips as Aldi secures 10% market share
Grocery price inflation rose by 17.3% in the four weeks to 16 April 2023, down marginally on the 17.5% recorded…
Read More » -
25 April
JD Sports appoints two new directors to board
JD Sports has appointed Angela Luger and Darren Shapland as its newest non-executive directors, with effect from 1 June 2023. …
Read More » -
25 April
Primark H1 sales rise 19% to £4.2bn
Associated British Foods (ABF), Primark’s parent company, has revealed that sales rose at the high street fashion retailer by 19%…
Read More » -
25 April
Zalando launches virtual fitting rooms
Zalando, one of Europe’s leading platforms for fashion and lifestyle, is piloting a virtual fitting room experience with millions of…
Read More »
